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Author Archives: Top News Editor

South Korea Cryptocurrency Exchange Revenue Rises 88 Times

The commission-related sales of South Korean cryptocurrency exchanges have increased by about 88 times last year compared to the previous year, a report said. South Korea’s Yonhap news agency published government data collected by Rep. Park Kwang-on. Total commission-related sales ...

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Venezuela Launches Petro Sale Amid Skepticism

Venezuela has officially launched the pre-sale of its new cryptocurrency Petro, which President Nicolas Maduro hopes would help ease the country’s economic crisis, and circumvent U.S.-led sanctions. “Petro is born and we are going to have a total success for ...

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Cryptocurrency Daily Roundup – Feb. 20

Bitcoin has staged a strong rebound from the $6,000 low it reached early this month and the sentiment in the cryptocurrency market remains bullish. More on regulation front, Switzerland, which hosts a “crypto-valley”, has released new guidelines for initial coin ...

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Bitcoin Looking For Support Above $11,000

The Bitcoin price has stabilized above $11,000 since Monday and is testing key support levels, boosting the sentiment in markets. As of 3.47 am ET on Tuesday, Bitcoin was up 6.02 percent at $11,365.01 on Coinbase. The top cryptocurrency steadily ...

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BoE’s Carney Says Bitcoin Failed As Currency

Bank of England Governor Mark Carney said bitcoin has pretty much failed as currency as its value is unstable and it cannot be a useful way to buy things. “It has pretty much failed thus far on … the traditional ...

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Cryptocurrency Daily Roundup – Feb. 19

One of the leading figures from the cryptocurrency space has come out with a strong warning that prices could drop to near-zero at anytime, while credit card companies and payment processors are grappling with the problem of taxing cryptocurrency transactions. ...

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CFTC Offers Bounty To Whistleblowers On Pump-and-Dump Schemes

The Commodity Futures Trading Commission (CFTC) has offered a reward to whistle-blowers who give information on Virtual currency and digital token “pump-and-dump” schemes. “If you have original information that leads to a successful enforcement action that leads to monetary sanctions ...

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